25 China’s Colossal Hidden-Debt Problem Is Coming to a Head - (When you add hidden local government debt - china’s debt burden is HIGHER than the US!) (archive.is) posted 1 year ago by NatalieBiden 1 year ago by NatalieBiden +25 / -0 32 comments share 32 comments share save hide report block hide replies
I recently heard that the guy in china in charge of the rail system admitted that the rail system has a debt worse than the real estate market.
I have seen their videos of high speed rail where the trains are photoshopped in lol. Wouldn't know about their train stuff though, haven't heard anything about it.
It is a piece of shit just like the rest of their infrastructure.
https://youtu.be/gMrLr3qAeIM?si=cnqxTuUczFV_3G-e